Netcall (LON:NET) Receives Buy Rating from Berenberg Bank

Key Points

• Berenberg Bank has restated its "buy" rating for Netcall, setting a target price of GBX 155, which suggests a potential upside of 28.42% from the current stock price.
• Netcall's stock currently has a consensus rating of "Buy" from analysts, with an average target price of GBX 145, according to MarketBeat.com.
• Despite positive ratings, the stock has seen a slight decline of 0.2%, trading at GBX 120.70, with significant trading volume of 376,416 shares exchanged recently.

Netcall (LON:NET - Get Free Report)'s stock had its "buy" rating restated by Berenberg Bank in a research note issued to investors on Wednesday, MarketBeat reports. They currently have a GBX 155 price target on the stock. Berenberg Bank's target price indicates a potential upside of 28.42% from the stock's current price.

Separately, Canaccord Genuity Group reissued a "buy" rating and issued a GBX 130 target price on shares of Netcall in a report on Tuesday, July 22nd. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of GBX 145.

Netcall Stock Down 0.2%

NET traded down GBX 0.30 on Wednesday, hitting GBX 120.70. 376,416 shares of the company were exchanged, compared to its average volume of 342,757. The firm has a 50-day moving average price of GBX 119.34 and a two-hundred day moving average price of GBX 113.85. The company has a market cap of £201.29 million, a price-to-earnings ratio of 3,970.39 and a beta of 0.23. Netcall has a twelve month low of GBX 81 and a twelve month high of GBX 128. The company has a current ratio of 1.22, a quick ratio of 0.88 and a debt-to-equity ratio of 1.19.

Netcall (LON:NET - Get Free Report) last released its quarterly earnings data on Wednesday, October 8th. The company reported GBX 3.75 earnings per share (EPS) for the quarter. Netcall had a return on equity of 14.95% and a net margin of 14.99%. On average, equities analysts predict that Netcall will post 3.7029017 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Michael Jackson sold 420,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of GBX 119, for a total value of £499,800. 6.57% of the stock is owned by insiders.

About Netcall

Netcall is a leading provider of Intelligent Automation and Customer Engagement software enabling customers to digitally transform their businesses faster and more efficiently, empowering them to become leaner, more customer-centric organisations. Netcall achieves this through its industry-leading Liberty Platform which provides a tightly integrated suite of low-code, customer engagement and contact centre solutions, helping organisations to manage and improve customer experience, effortlessly. The Group's customers span enterprise, healthcare and government sectors including two-thirds of the NHS Acute Health Trusts and leading corporates such as Legal and General, Lloyds Banking Group, Aon and Santander.

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